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Thread: Second question to Rick Hansen Foundation

  1. #91
    Senior Member lynnifer's Avatar
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    I don't know the answer to that - but I too read that the MS Society put 1 mill aside which I didn't think was enough.

    And I doubt that the foundation actually has $245 mill in their pockets anymore ... there are stories of people on this very site getting $8000 or $10,000 or more for different quality of life services. Each community donating during the Wheels in Motion event received so many thousands back to start something in their community (in ours it was a wheelchair basketball rec league).
    Last edited by lynnifer; 08-11-2011 at 02:18 AM.
    Roses are red. Tacos are enjoyable. Don't blame immigrants, because you're unemployable.

    T-11 Flaccid Paraplegic due to TM July 1985 @ age 12

  2. #92
    Quote Originally Posted by lynnifer View Post
    And I doubt that the foundation actually has $245 mill in their pockets anymore...
    What about 79% - 81% of their yearly funding coming directly from the Canadian Government. Has the government reduced their funding?
    Last edited by GRAMMY; 08-10-2011 at 11:29 PM.

  3. #93
    Senior Member lynnifer's Avatar
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    The amounts that made the news from the provinces and the federal government were 3-5 years ago with Saskatchewn just joining last year with a few million (they are a small populated province).

    All that money was promised over a span of years, not in one lump sum.
    Roses are red. Tacos are enjoyable. Don't blame immigrants, because you're unemployable.

    T-11 Flaccid Paraplegic due to TM July 1985 @ age 12

  4. #94
    Do you know how much funding RHF gets yearly? This is just from ONE year only. (2010) It doesn't even account for all the money since inception.


    Revenue:Total eligible amount of all gifts for which the charity issued tax receipts4500
    $ 916,249For all tax-receipted gifts received during the fiscal period please provide:Total eligible amount of tax-receipted tuition fees5610
    Total eligible amount of tax-receipted enduring property5640
    Total amount received from other registered charities (excluding specified gifts and enduring property)4510
    $ 20,117Total specified gifts from other registered charities4520
    Total enduring property from other registered charities4525
    Total other gifts received for which a tax receipt was not issued by the charity4530
    Total revenue received from federal government4540
    $ 9,947,206Total revenue received from provincial/territorial governments4550
    $ 10,599,941Total revenue received from municipal/regional governments4560
    Total revenue received from all sources outside Canada4575
    Total interest and investment income received or earned4580
    $ 2,897,617Gross proceeds from disposition of assets4590
    Net proceeds from disposition of assets (show a negative amount with brackets)4600
    $ 3,985Gross income received from rental of land and/or buildings4610
    Non tax-receipted revenues received for memberships, dues, and association fees4620
    Total non tax-receipted revenue from fundraising4630
    $ 1,449,202Total revenue from sale of goods and services (except to government)4640
    $ 10,589Other revenue not already included in the amounts above4650
    $ 62,883Specify type(s) of revenue included in the amount reported at 4650 (e.g., dividends)4655
    Returned grant funds/credit card rewards/subleaseTotal revenue (add line 4500, 4510 to 4580, and 4600 to 4650)4700
    $ 25,907,789.00

    http://www.cra-arc.gc.ca/ebci/haip/s...253Bb%253Dtrue

    Assets:Cash, bank accounts, and short-term investments4100$ 27,992,658Amounts receivable from non-arm's length parties4110
    Amounts receivable from all others4120
    $ 991,133Investments in non-arm's length parties4130
    Long-term investments4140
    $ 15,522,131Inventories4150
    Land and buildings in Canada4155
    Other capital assets in Canada4160
    $ 824,723Capital assets outside Canada4165
    Accumulated amortization of capital assets4166
    $ -366,300Other assets4170
    $ 2,872,869Total assets (add lines 4100 to 4170)4200
    $ 47,837,214.00
    Last edited by GRAMMY; 08-10-2011 at 11:28 PM.

  5. #95
    Senior Member lynnifer's Avatar
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    Not every year - only the tens of millions that made it to the media over the past 5 years.

    They'll be geared up for more being that on August 24th the Relay starts in Newfoundland for the 25th anniversary across Canada.

    Oops I was trying to answer the previous question before you listed amounts. That's a bit mixed up for me to read but I'll look at it tomorrow.

    I think we're done berating the foundation, the question is now what to do? With-hold donations and request others to do so including the government? I'm sure they'd gladly do that ..
    Last edited by lynnifer; 08-10-2011 at 11:31 PM.
    Roses are red. Tacos are enjoyable. Don't blame immigrants, because you're unemployable.

    T-11 Flaccid Paraplegic due to TM July 1985 @ age 12

  6. #96
    Quote Originally Posted by lynnifer View Post
    I think we're done berating the foundation, the question is now what to do? With-hold donations and request others to do so including the government? I'm sure they'd gladly do that ..
    No, I don't think the Canadian Government should withhold funding. (Anyway, the MS community sure didn't tolerate that garbage)...
    Why would the sci community request abolishment of funding?

    I think the SCI community needs to unite and make some serious changes now that we are armed with the correct information.
    The status quo hasn't worked very well for the sci community any better than it did for the MS community. They got mad and demanded some serious changes.
    Last edited by GRAMMY; 08-11-2011 at 02:04 AM.

  7. #97
    Senior Member lynnifer's Avatar
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    Quote Originally Posted by Jim View Post
    I removed some off-topic posts, if you guys want to get personal, do it by PM.
    Why would people do this? Like any of us here have any control over foundations. This is what angers me and what makes me not want to participate ... I'm sure others must feel the same.
    Roses are red. Tacos are enjoyable. Don't blame immigrants, because you're unemployable.

    T-11 Flaccid Paraplegic due to TM July 1985 @ age 12

  8. #98
    Quote Originally Posted by lynnifer View Post
    Why would people do this? Like any of us here have any control over foundations. This is what angers me and what makes me not want to participate ... I'm sure others must feel the same.
    Don't worry Lynnifer, I'd seen the post. It was just a bored troll that didn't want to learn anything or add value to the conversation at hand. Don't give the troll any power. Your participation and thoughts are too valuable to withhold, and the issue at hand is way too important. Communication is a powerful tool, so use it to the best of your advantage there girlfriend!
    Jim helped us out so we could all continue the discussion. Thanks for moderating Jim.
    Last edited by GRAMMY; 08-11-2011 at 12:20 AM.

  9. #99
    First, thanks Jim. I got bit and I apologize.

    Second and third, fourth, and fifth.
    There's a lot of information going out about RHF/RHI about what we rightly conceive as waste and zero spening on cure.
    What I never intended with the thread was for people to lose hope or to even make it more difficult for RHF to raise money.
    I want more money for RHF and then I was US to make sure that money goes to the right places.
    This is up to US.
    It's not the time to give up on RHF, it's time to make sure that we in the international and Canadian community to make sure money is properly spent on cure.
    I will have more information for you all tomorrow about future plans.
    Dennis Tesolat
    www.StemCellsandAtomBombs.blogspot.com

    "Change does not roll in on the wheels of inevitability, but comes through continuous struggle. And so we must straighten our backs and work for our freedom."
    Martin Luther King

  10. #100
    Quote Originally Posted by StemCells&AtomBombs View Post
    I waNT US to make sure that money goes to the right places. This is up to US.
    It's not the time to give up on RHF, it's time to make sure that we in the international and Canadian community to make sure money is properly spent on cure. I will have more information for you all tomorrow about future plans.
    Thanks, I look forward to the future plans. You are right. It's up to us to make a difference now that we have the information and knowledge.
    Last edited by GRAMMY; 08-11-2011 at 01:50 AM.

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